Facebook to introduce news shows; enlists anchors from CNN, Fox News, Univision
Social sites have struggled to reduce fake news stories, sensationalism and hoaxes that spread easily on social media. The posts have been blamed for political divisions worldwide and violence in countries such as Sri Lanka. "There`s been a real effort to down-rank clickbait sensationalism," Brown said.
Facebook competes for content and ad revenue with companies such as Alphabet Inc`s YouTube, Snap Inc and Twitter Inc. Facebook will share ad revenue with the companies in addition to paying them to produce the programs. Image source: Reuters